Generator circuit-breakers are connected between a generator and the step-up voltage transformer. They are generally used at the outlet of high power generators (100MVA to 1800MVA) in order to protect them in a reliable, fast, and cost-effective manner. These circuit breakers allow the passage of high permanent currents under continuous service (6.3kA to 40kA), and have a high breaking capacity (63kA to 275kA). They belong to the medium voltage range. The drivers of the generator circuit breakers market are entirely influenced by the power transmission and generation industry. Growth in the related as well as complementary markets, such as switchgear and transformer, also contribute towards the growth of generator circuit breakers.

Each region has been analyzed with respect to its market trends, growth, and future prospects in the market. This report basically aims to estimate the global market from 2014 to 2019.

The generator circuit breakers market size is estimated to reach $302.30 Million by 2019 from $267.58 Million in 2014. The major factors responsible for driving the growth of this market include increasing power transmission & generation industry and growing industrialization & urbanization.

Asia-Pacific was the largest market, followed by North America in 2013. Increasing demand for power transmission and generation equipment & growing industrialization & urbanization are driving the market. Rising demand for power is considered as the major growth opportunity of this market. However, upcoming power generation projects through renewable sources such as solar and photovoltaic cells can limit the growth of this market world-wide.

Environmental regulations on the SF6 circuit breaker technology is a major challenge of the market.

Generator Circuit Breakers Market Size, by Type (2019)

Source: Related Research Publications and MarketsandMarkets Analysis

The report analyzes the generator circuit breakers market for various regions such as Asia-Pacific, North America, Europe, and Rest of the World. The report also provides a market overview of global market on the basis of its types. The different types of generator circuit breakers include air blast, vacuum, and SF6 circuit breaker. Among these types, SF6 circuit breaker is widely used as one of the generation equipment in the power generation industry.

For this report, the major players in the market have been identified through secondary and primary research, based on which, their market shares have been evaluated. This includes a study of the annual reports of top market players and interviews with key opinion leaders such as CEOs, directors, and marketing executives. The market size for various types of power generation and transmission equipment market has been determined and evaluated using primary and secondary research. The market data is available from 2012 to 2019, at a CAGR from 2014 to 2019.

To cater to the increasing demand for power globally, new product development has been adopted by maximum industry players as a key strategy to achieve growth in the generator circuit breakers market. The market is estimated to reach $302.30 Million by 2019, at a CAGR of 2.47% from 2014 to 2019.

Generator circuit-breakers are connected between a generator and the step-up voltage transformer. They are generally used at the outlet of high power generators (100MVA to 1800MVA) to protect them in a reliable, fast, and cost-effective manner. Such circuit breakers allow the passage of high permanent currents under continuous service (6.3kA to 40kA), and have a high breaking capacity (63kA to 275kA). They belong to the medium voltage range.

The drivers of this market are entirely influenced by the power transmission and generation industry. Growth in the related as well as complementary markets, such as switchgear and transformer, also contribute towards the growth of generator circuit breakers.

Electric-power transmission is the bulk transfer of electricity, from power plants to electrical substations. Electric power transmission & distribution and generation equipments have very high demand. The primary reason behind an increase in transmission and generation spending is the demand for electricity grids. Generator circuit breakers are one of the major components for generator protection.

Asia-Pacific is the largest market, owing to the increase in urbanization and industrialization in the region. It is followed by North America, which is growing due to the increase in demand for power in the region.

Currently, the natural gas segment is expected to dominate the market by 2019. The coal segment is expected to occupy the second largest share in the global generator circuit breakers market in the same year

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